Keros Therapeutics (KROS) Free Cash Flow (2019 - 2025)

Keros Therapeutics (KROS) reported Free Cash Flow of -$25.9 million for Q4 2025, up 44.1% on a YoY basis from -$18.0 million in Q4 2024, and down 1501.95% quarter-over-quarter from $1.8 million in Q3 2025.

Keros Therapeutics (KROS) Free Cash Flow (2019 - 2025) Analysis & Trends

Keros Therapeutics has reported Free Cash Flow for 7 years, with the latest figure at -$25.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 44.1% year-over-year to -$25.9 million; the trailing twelve-month figure through Dec 2025 stood at $107.5 million (up 166.03% YoY), and the FY2025 full-year result was $107.5 million, up 166.03% from the prior year.
  • Free Cash Flow for Q4 2025 stood at -$25.9 million, down from $1.8 million in the prior quarter.
  • The five-year high for Free Cash Flow was $160.6 million in Q1 2025, with the low at -$46.3 million in Q4 2024.
  • Historically, Free Cash Flow has averaged -$15.7 million across 5 years, with a median of -$25.2 million in 2022.
  • Annual changes were most pronounced in 2023 — Free Cash Flow sank 2162.62% — and 2025, when it soared 458.58%.
  • Keros Therapeutics' Free Cash Flow stood at -$19.7 million in 2021, then decreased by 14.94% to -$22.7 million in 2022, then dropped by 14.68% to -$26.0 million in 2023, then plunged by 78.08% to -$46.3 million in 2024, then surged by 44.1% to -$25.9 million in 2025.
  • The last three Free Cash Flow figures came in at -$25.9 million (Q4 2025), $1.8 million (Q3 2025), and -$29.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.67 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -12.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.49 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.96 Bn 91.96 Bn - 63,220.27
10 Keros Therapeutics 399.01 Mn 111.61 Mn - -25.88 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -25.88 Mn
Dec 31, 2025 -25.88 Mn
Sep 30, 2025 1.85 Mn
Sep 30, 2025 1.85 Mn
Jun 30, 2025 -29.07 Mn
Jun 30, 2025 -29.07 Mn
Mar 31, 2025 160.61 Mn
Mar 31, 2025 160.61 Mn
Dec 31, 2024 -46.30 Mn
Dec 31, 2024 -46.30 Mn
Sep 30, 2024 -32.06 Mn
Sep 30, 2024 -32.06 Mn
Jun 30, 2024 -39.66 Mn
Jun 30, 2024 -39.66 Mn
Mar 31, 2024 -44.79 Mn
Mar 31, 2024 -44.79 Mn
Dec 31, 2023 -26.00 Mn
Dec 31, 2023 -26.00 Mn
Sep 30, 2023 -32.67 Mn
Sep 30, 2023 -32.67 Mn